This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Excise TaxationThe graph shows the effect of imposing an excise tax on the market for Campy ... (Read 183 times)

allihubbard

  • Full Member
  • ***
  • Posts: 169
on: Nov 23, 2022
Excise Taxation

The graph shows the effect of imposing an excise tax on the market for Campy Cereal.

If the tax is $3.75, P1 = $1, P2 = $4.00, P3 = $4.75, Q1 = 62, and Q2 = 167, how much does the government receive in revenue from the tax? Round your final answer to two decimal places.
◦ $626.25
◦ $232.50
◦ $393.75
◦ $46.50
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by allihubbard on Nov 23, 2022

jojomac20

  • Full Member
  • ***
  • Posts: 149
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


allihubbard

  • Member
  • Posts: 169
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Drugs and their effect table Drugs and their effect table
Harriet Beecher Stowe’s novel, Uncle Tom’s Cabin, became a staple of the mid-nineteenth-century thea Harriet Beecher Stowe’s novel, Uncle Tom’s Cabin, became a staple of the mid-nineteenth-century thea
Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ... Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ...
How to graph complex numbers How to graph complex numbers
The graph of y = sqrt(x) is vertically stretched by a factor The graph of y = sqrt(x) is vertically stretched by a factor
The horizontal phase shift of the resultant graph is The horizontal phase shift of the resultant graph is
Video: How proteins function? How do proteins work?

For a complete list of videos, visit our video library